Wednesday, August 08, 2012

Plan with Express Scripts

I still hold a good amount of Express Scripts (Ticker: ESRX) shares acquired from the Medco merger with a cost basis of $56.49 (based on the fair value of Express Scripts at closing of the merger). I did sell some back in April at $58.44 to add to the Motorola Mobility merger arb play. My original plan was to sell the rest of my holding in Express Scripts when it reached ~ $60, but after yesterdays earnings release I’ve changed my plans. Express Scripts has a lot more room to run and will hang on as long as they show good numbers.

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About Me

I have a passion for the stock market. I primarily focus my research in the life sciences. I have degrees in Bio and Finance (not that it means much since investing is more of an art than a science). My MBTI personality type is ISTJ. I'm a Generation X'er and was born the year of the pig.